Yes Securities vs Finvasia Comparison: 2024
About Yes Securities
It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank Securities: An Overview
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
About Finvasia
Finvasia, a financial services company providing a wide array of services in the the financial sector. With Finvasia Securities having its base in Chandigarh, it's an emerging platform to join the race of discount brokers in India.
Finvasia is an international wealth management and broking fintech company rapidly growing in the Indian arena. this technology-driven Firm offers a very diversified business model ranging from capital market advisory to commodity broking and everything in between. With the aim To promote direct investments, It currently operates in 14 countries including Australia, Brazil, Canada, London, and others. The Indian office of the broker is situated in Chandigarh.
Finvasia: an overview
Finvasia was founded by Ex-wall street professionals Sarvjeet Singh Virk and Tajinder Singh Virk in 2009 in Canada. The brother duo initially came to India as Foreign institutional investors(FII) but soon realized the need to create financial solutions for the Indian investor. The company provides
Yes Securities vs Finvasia Account Opening Charges: 2024
| Charge | Yes Securities | Finvasia |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 (Free) |
| Trading Acc Opening Charges | ₹999 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹500 | ₹0 (Free) |
Yes Securities vs Finvasia Brokerage Charges and Plans : 2024
| Charge | Yes Securities | Finvasia |
|---|---|---|
| Plan Name | Invest Value Plan | Standard |
| Equity Delivery | 0.45% | ₹0 |
| Equity Intraday | 0.05% | ₹0 |
| Equity Futures | 0.05%, Intraday - 0.02% | ₹0 |
| Equity Options | ₹75 per lot, Intraday - ₹25 per lot | ₹0 |
| Currency Futures | 0.05%, Intraday - 0.02% | ₹0 |
| Currency Options | ₹75 per lot, Intraday - ₹25 per lot | ₹0 |
| Commodity Options | N/A | ₹0 |
| Mutual Fund | N/A | N/A |
Yes Securities vs Finvasia Margin / Exposure: 2024
| Segment | Yes Securities | Finvasia |
|---|---|---|
| Equity Delivery | N/A | 1x |
| Equity Intraday | N/A | Upto 10x |
| Equity Future | N/A | 2x |
| Equity Options | N/A | 1x |
| Currency Future | N/A | 1x |
| Currency Options | N/A | 1x |
| Commodity Future | N/A | 2x |
| Commodity Options | N/A | 1x |